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Evolution of bitcoin and security risk in bitcoin wallets
2017 International Conference on Computer, Communications and Electronics (Comptelix), 2017This paper identifies trust factor and rewarding nature of bitcoin system, and analyzes bitcoin features which may facilitate bitcoin to emerge as a universal currency. Paper presents the gap between proposed theoretical-architecture and current practical-implementation of bitcoin system in terms of achieving decentralization, anonymity of users, and ...
Rajeev Sobti+2 more
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2015
Abstract This chapter considers the evolution of alternative digital currencies from DigiCash to Bitcoin, the very digital currency that has spurred the development of this book. Specifically, this chapter explores the general features of Bitcoin and its benefits and risks before suggesting some conditions for a successful cryptocurrency to thrive. The
LAM, Pak Nian, LEE, David K. C.
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Abstract This chapter considers the evolution of alternative digital currencies from DigiCash to Bitcoin, the very digital currency that has spurred the development of this book. Specifically, this chapter explores the general features of Bitcoin and its benefits and risks before suggesting some conditions for a successful cryptocurrency to thrive. The
LAM, Pak Nian, LEE, David K. C.
openaire +2 more sources
Quantitative Analysis of Bitcoin Transferred in Bitcoin Exchange
2019In this paper, a new Bitcoin address clustering algorithm is proposed for Bitcoin exchanges. The proposed algorithm aims to classify the cold wallets, hot wallets and user wallets in the Bitcoin exchanges, which are verified by off-chain information from the Internet. By analyzing the structures of different Bitcoin exchanges, we find that most Bitcoin
Zibin Zheng, Yang Li, Zilu Liu
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Is Bitcoin Exciting? A Study of Bitcoin’s Spillover Effects
SSRN Electronic Journal, 2022Minhao Leong, Simon Kwok
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